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Stock Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

iShares iBoxx $ High Yield Corporate Bond ETF (PACF:HYG)

Bear Market Rally (-75) - HYG is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HYG as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid HYG?

MarketClub looks at technical strength and momentum to determine if the timing is right for HYG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_HYG
Open High Low HYG Price Change
77.330 77.370 76.780 76.925 -0.815
Entry Signal

MarketClub’s Trade Triangles for HYG

long term down The long-term trend has been DOWN since Oct 6th, 2021 at 86.950

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2022 at 75.360

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 78.255

Smart Scan Analysis for HYG

Based on our trend formula, HYG is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for HYG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.330 77.370 76.780 76.925 -0.815
Prev. Close Volume Bid Ask Time
77.740 43359221 2022-08-19 15:59:40
Year High88.03Year High Date2018-01-08
Year Low82.7Year Low Date2018-11-20
52wk High88.1652wk High Date2021-09-23
52wk Low72.8952wk Low Date2022-06-13
Year End Close93.35Average Volume30,079,529
Shares Outstanding202,500Assets160,249M
Beta-0.23000000Volatility5.63
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